Luxury continues to pull. All over the world. The French group LVMH (Louis Vuitton Moet Hennessy) recorded a 25% increase in sales in the first quarter of 2012, with revenues at 6,6 billion euros. Sales in Asia and the United States drove the turnover. Europe has also given its satisfaction, despite the unfavorable climate of the crisis.
In Louis Vuitton's fashion division continues its growth double-digit, with an organic increase in sales of 12%. Well also the Wines and spirits sector: +16% in the first quarter. Champagne sales grew by 5% but the real exploit was that of Hennessy cognac: +9% in the first three months of 2012. Furthermore, the selective distribution sector is growing thanks to Sephora and Dfs. The Italian fashion house Bulgari, purchased last June by Lvmh, brought a del% increase 17 in sales of the jewelry and watches division.
The group puts the noteworthy events the opening of the first Maison Luis Vuitton in Rome in the prestigious headquarters of the former cinema in Piazza San Lorenzo in Lucina.
